hello trader, the price of DXY has reached major support level, price will likely reverse after fully liquid sweep on bearish side in daily tf... price could test the 97.7 in 1hr tf, so look for proper reversal in lower tf also, however weekly handle already did liquidity sweep of previous weekly candle. overall the target is 110 for now or could breakout.. price above 200ma will be a good sign of bullish momentum..
good luck to all
good luck to all
Trade active
price is heading down toward the 97.6-97.5 area to grab sell side liquidity according to weekly candle.. watch out before taking the trade before or after major news.. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.